Shares of Vishnu Chemicals hit a record high of Rs 1,680.45, up 5 per cent on the BSE in Wednesday's intra-day trade in an otherwise subdued market.
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Among the impacted sectors, after rising Brent crude price, chemicals are reeling under pressure. Their stocks continue to tumble. Should investors lap up shares after this correction or wait?
The Russia-Ukraine crisis has sprung up worries for the sector yet again as analysts say margins of chemical companies will be impacted due to the rise in prices of crude oil
Chemicals and Fertilisers Minister Mansukh Mandaviya said the ministry is planning to bring production linked incentive (PLI) scheme for the chemical sector to boost domestic production and exports
In the past two weeks, the stock price of Jyoti Resins & Adhesives had zoomed 56 per cent, as compared to 2.5 per cent decline in the S&P BSE Sensex
Q2 of 2021-22 saw lower margins due to cost pressures
In 1984, an industrial disaster happened when Methyl Iso-cyanate (MIC), a toxic gas stored in two tanks of Union Carbide India Ltd (UCIL)'s pesticide unit at Bhopal, leaked into the atmosphere
Aether Industries caters to the pharmaceutical, agrochemical, material science, electronic chemical, high performance photography and oil and gas industry segments
GFL has forayed into new age business - chemicals & fluoropolymers for electric vehicles (EVs) - batteries, solar panels & hydrogen fuel cells
China's power crisis: Analysts say the development could impact chemical output by as much as 25 per cent in the country, which in turn could benefit Indian speciality chemical makers
Clean Science and Technology had made a solid debut on Dalal Street on July 19 as the stock had listed at Rs 1,784.40 on BSE, a 98.26 per cent premium to its issue price of Rs 900
Shares of Gujarat Fluorochemicals soared 9 per cent to Rs 1,730, hitting a new high today
Company commences market roll-out from Karnataka; sets up new manufacturing unit in Karnataka
JSW Cement said on Monday it has entered the construction chemical sector with the launch of a green product range in the category
The fire quickly spread and became intense due to the presence of chemicals in the company.
Authorities resumed search operationto look for any more victims at a chemical plant here on Tuesday, a day after a massive fire broke out in the premises, and also summoned the firm's owner
At least five workers were killed and a dozen others were missing after a major fire broke out at a chemicalcompany located in an industrial area in Pune district on Monday, officials said. According to the officials from the fire department of PMRDA (Pune Metropolitan Region Development Authority), at leastsix fire tenders were sent to the plant of SVS Aqua Technologies in the Pirangut MIDC area in Mulshi tehsil to douse the flames. "According to company officials, at least17 of their workers were missing after the blaze broke out. "We have so far recovered five bodies and a search for theothers employees is underway," saidDevendra Potphode, chief fire officer, PMRDA Fire Services. He said the firm is into manufacturing, supply and export of air, water and surface treatment chemicals.
Generally, a company plans to go for a stock split to make the shares more affordable for small retail investors and increase liquidity
However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety